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1 Bitcoin is equivalent to twice the average annual salary of an American worker, becoming a standard for high net worth individuals.
Bitcoin price surges to a new record Bitcoin broke through $122,000 this week, even reaching $123,000 at one point, although it has since slightly retreated. This price level is far beyond what the average working class can afford. According to the Social Security Administration, the average annual salary in the U.S. is $66,600, which means the price of one Bitcoin is almost twice the annual salary of an average worker.
The wealthy are taking action: the "buying opportunity" for Bitcoin is approaching Altcoin Daily pointed out that high-net-worth individuals need to join this accumulation race as soon as possible. The platform stated on X that millionaires should consider purchasing at least 1 Bitcoin as early as possible, while the price is still within an affordable range. This reminder has also been supported by El Salvador's President Nayib Bukele, who pointed out that not all millionaires can afford a whole Bitcoin. With a total supply of only 21 million Bitcoins and over 50 million millionaires worldwide, this means that if everyone wants to buy, half a Bitcoin will also become unattainable.
Supply tightens, demand rises According to data from the Bloomberg terminal, traders have begun to consider the scenario of "each Bitcoin worth a million dollars." This shift reflects the market's expectation for Bitcoin to enter the seven-figure price range. Eric Trump, the second son of U.S. President Donald Trump, recently stated that half a Bitcoin will soon become a substantial wealth, predicting that Bitcoin will reach 1 million dollars in the medium term. This view has also garnered support from an increasing number of bullish voices.
The million-dollar threshold is about to be broken According to an industry analyst, the target of 1 million dollars is not far off. He indicated that this price range may be achieved within the current bull market cycle. Brandon Green from BTC Inc. also predicts that Bitcoin will reach this target in the short term. If these predictions hold true, wealth with less than one Bitcoin may soon feel like pocket money.
The famous institution expects Bitcoin to experience explosive growth ARK Invest predicts that the fundamental target price for Bitcoin will be $1.5 million by 2030, potentially reaching $2.4 million in a bull market, driven by increased institutional and national-level buying. At the same time, Strategy Chairman Michael Saylor set his target price at $13 million per Bitcoin by 2045, citing rapid regulatory clarity and accelerated corporate investment.